PYMNTS

SEPTEMBER 27, 2020

HighRadius , a FinTech working in automation for order-to-cash and treasury management, has announced an expanded strategic relationship with Commerce Bank , according to a press release. The agreement made all of HighRadius' products available for Commerce Bank clients.

Banking 89

Banking Treasury Reconciliations Invoicing 89

PYMNTS

OCTOBER 14, 2020

One financial institution (FI) that is moving quickly to add digital supports for its clients is PNC Bank. The financial entity has rolled out a push-to-debit feature for its treasury customers with the assistance of a third-party technology partner, according to recent announcements. Around the Disbursements World.

Treasury 103

Treasury Banking B2B Invoicing 103

PYMNTS

SEPTEMBER 19, 2018

The treasury management unit of PNC Bank is joining RippleNet, the firm said on Wednesday (Sept. PNC Treasury Management joined the Ripple cross-border payments network that uses blockchain to facilitate global transactions.

Treasury 77

Treasury B2B Invoicing Banking 77

Future CFO

JANUARY 21, 2021

As liquidity became a significant concern for organizations, the Treasury Department was asked to monitor inflows and outflows more closely. Co-hosed by Kyriba, the lively discussion highlighted a general shift toward the digital Treasury. One immediate challenge that the Treasury department faced was foreign exchange (FX) exposure.

Treasury 52

Treasury Foreign Exchange Currencies CFO 52

PYMNTS

JULY 7, 2020

For more community banks, the latter strategy can fast-track digitization initiatives. This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings.

Banking 96

Banking Accounts Payable Treasury Finance 96

PYMNTS

NOVEMBER 10, 2020

Bank has rolled out its new AP Optimizer, which is a digital tool that works to simplify invoice processing and payments for businesses, according to a press release. Bank, according to the release. Digital invoicing has become popular throughout the pandemic, with WEX Inc. With AP Optimizer, the release stated, U.S.

Accounts Payable 80

Accounts Payable Banking Invoicing Treasury 80

PYMNTS

MAY 21, 2020

Open banking initiatives and bank-FinTech collaborations continue to expand in an effort to improve financial services offerings for small and medium-sized businesses (SMBs). Treasury Prime Funded For API Tech. Aegean Baltic Bank Taps Wolters Kluwer Tech. Aegean Baltic Bank Taps Wolters Kluwer Tech.

Banking 69

Banking Treasury Compliance Risk Management 69

PYMNTS

MARCH 3, 2020

As part of a broader effort to bring the newest innovations to its operations, the National Bank of Fujairah PJSC (NBF) has teamed with blockchain firm Ripple to enable cross-border payments via the RippleNet platform. The technology allows the bank to tap into Ripple ’s cross-border network and improve its user experience.

Banking 100

Banking Treasury Invoicing Leverage 100

PYMNTS

JULY 30, 2018

And “that push from the corporation finds its way to the bank because the bank, in many cases, handles payments for the company,” Zayas said. Through this service, DadeSystems receives a file from the business, listing all of the open invoices that are due from its customers.

Treasury 40

Treasury Banking Invoicing Accounting 40

PYMNTS

FEBRUARY 28, 2020

Purchase, invoice and transaction data are invaluable to the journey of digitization and automation, but organizations are increasingly recognizing that the value can only be realized if that data can integrate seamlessly across platforms. Going Further With Open Banking. Cichy said he sees the opposite happening today, though.

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

PYMNTS

NOVEMBER 12, 2020

Contextual banking will change the way traditional financial institutions (FIs) interact with their business clients. Shields offered an example of intentional information: invoice data. Today, a bank simply receives a payment instruction from its customer. Building The Infrastructure.

Banking 88

Banking Invoicing Reconciliations Treasury 88

PYMNTS

OCTOBER 19, 2020

CheckAlt , which provides lockbox and treasury management services, is now working with Florida's Citizens Bank & Trust to provide the aforementioned services, a press release says. The strategy is to help Citizens Bank & Trust expand its market reach and keep serving corporate customers, the release says.

Banking 67

Banking Treasury Nonprofit Invoicing 67

PYMNTS

OCTOBER 22, 2020

Business banking hasn't always been flashy or innovative. In this week's look at bank-FinTech collaboration, new partnerships aim to address some of the longest-standing points of friction in business finance, including late payments to small suppliers and the headache of manually managing check payment data. In the U.K.,

Banking 79

Banking Invoicing Treasury B2B 79

PYMNTS

OCTOBER 23, 2019

Deluxe Corporation is augmenting its treasury management solution by integrating a bill presentment and payment processing function into its existing accounts receivable tool. Deluxe Treasury Management said in a press release on Tuesday (Oct. Deluxe automates payments and invoice matching for streamlined reconciliation.

Treasury 40

Treasury Reconciliations Invoicing Accounting 40

PYMNTS

JANUARY 14, 2021

Today in B2B payments, Citi announces its news Treasury and Trade Solutions (TTS) head, while Rho lands new funding and adds accounts payable to its business banking technology. Plus, Medius collaborates on invoice management, TravelPerk acquires NexTravel, and Sweep lands funding for T&E tools. 13) announcement.

B2B 56

B2B Accounts Payable Banking Invoicing 56

PYMNTS

NOVEMBER 4, 2016

In B2B payments, that can mean discontent in the way traditional banks and FIs do business or a need for disruptive technologies to come to market faster than banks can offer. But, as Moore explained, these types of collaborations are critical to the banks, too.

Treasury 79

Treasury B2B Leverage Reconciliations 79

PYMNTS

OCTOBER 31, 2017

For the receivers of those checks, there’s another major argument in favor of the clunky, manual and insecure payment rail, according to Deluxe Treasury Management Solutions Vice President Gary Cawthorne. You have the invoice, the check, the bank information — everything is there.”.

Invoicing 41

Invoicing Treasury Reconciliations B2B 41

PYMNTS

FEBRUARY 6, 2020

Chicago-based Signature Bank is rolling out a technology platform called Finrails AP to simplify B2B payments, the company announced on Thursday (Feb. “Visa is proud to be the virtual card partner for Finrails AP by Signature Bank,” said Kevin Phalen, global head of Visa Business Solutions.

Banking 67

Banking Accounts Payable B2B Invoicing 67

Global Finance

SEPTEMBER 6, 2024

Digital solutions are helping corporates manage global shifts, says Aaron Chiew, head of IBG Digital Channels for the Institutional Banking Group at DBS Bank. The first is to simplify relationship onboarding and make banking with DBS even easier. GF: How is generative artificial intelligence (GenAI) benefiting corporate banking?

Leverage 98

Leverage Banking Treasury Invoicing 98

PYMNTS

OCTOBER 27, 2017

VC firms’ largest show of support was for artificial intelligence (AI), and there was a substantial growth equity round for a veteran treasury technology firm. SMB Banking. Founded by Clear Books founder Tim Fouracre, Countingup provides banking and accounting solutions for small businesses and entrepreneurs. Countingup.

Treasury 40

Treasury Invoicing B2B Finance 40

PYMNTS

MARCH 20, 2017

the cloud-based treasury and working capital solutions company, announced Friday (March 18) that Pimkie chose its supply chain finance solution to manage its supplier invoice financing program. In a press release, Kyriba said Pimkie is using its reverse factoring solution to offer suppliers early payment of invoices.

Invoicing 40

Invoicing Treasury Currencies Finance 40

PYMNTS

JANUARY 28, 2021

The complexities of corporate cash management — particularly across borders and currencies — means that a broad range of treasury and CFO functions are getting the high-tech, outsourced treatment. To that end, this week PNC Bank said it has reached a deal to buy Tempus Technologies for an undisclosed sum.

Banking 60

Banking Treasury Cash Management Invoicing 60

PYMNTS

JULY 3, 2020

People’s United Bank Senior Vice President of Treasury Management Cris Sigovitch told PYMNTS that while access to payables FinTech solutions is important, perhaps even more essential is access to a trusted partner that can guide firms toward a resilient and future-proof AP department. . ” Offering the Right Tools.

Accounts Payable 85

Accounts Payable Accounting Banking Invoicing 85

Global Finance

JUNE 6, 2024

Its new generative AI tool analyzes and summarizes the minutes and announcements from the Monetary Policy Committee of Brazil’s central bank and the Federal Open Market Committee of the US Federal Reserve. The bank believes it creates analyses and summaries that are faster and more bias-free than traditional analyses.

Construction 109

Construction Compliance Cash Management Treasury 109

PYMNTS

JUNE 19, 2020

Businesses that have stuck with paper-based accounts payable (AP) processes are feeling the heat as the COVID-19 pandemic makes it unsafe for staff to conduct manual invoice and payment processing from their offices. Invoice processing can be slow and expensive for companies with inefficient AP systems. Around The AP Automation World.

Accounts Payable 61

Accounts Payable Invoicing Banking Budgeting 61

PYMNTS

AUGUST 3, 2020

It’s one factor in why so few challenger banks have launched in the country compared to markets like the U.K., where challenger banking has flourished in recent years. has been nowhere near other markets like Japan and Switzerland in embracing digital assets within the banking arena, though it’s not necessarily a surprise.

Treasury 117

Treasury Currencies Invoicing Cash Management 117

PYMNTS

JANUARY 8, 2021

debt collectors seek a bigger role in recovering SMB aid, Fides expands bank connectivity for treasurers and jobless claims dip slightly. PayJunction Debuts Digital Invoicing for Virtual Terminal Clients. The Treasury has faced questions as of late over how to minimize the losses for taxpayers under the scheme. ActiveWorx, Inc.

B2B 86

B2B Treasury Invoicing Finance 86

PYMNTS

JANUARY 21, 2020

While Open Banking initiatives and data integrations between banks and FinTech firms have begun to target corporate and small business (SMB) end users, new research out of the U.K. In an announcement , HSBC revealed the launch of its Treasury APIs for corporate clients across 27 markets. Open Banking Startup Lands $99.9

Banking 60

Banking Treasury Financial Data Cash Management 60

PYMNTS

NOVEMBER 8, 2018

banks and financial technology firms have worked together to create a set of guidelines to improve the relationship between FinTech startups and financial institutions (FIs). The new guidelines, developed by the British Standards Institute (BSI), aim to address issues that interfere with FinTech firms and banks forming alliances.

Banking 76

Banking Retail Startups Treasury 76

PYMNTS

MAY 16, 2016

Between treasury management, accounting, invoicing, cash management and all the other money tools corporates have access to today, it’s a wonder CFOs can keep their heads on straight. It’s changed the game, not only for corporate clients but for the FinTech players developing and offering these treasury solutions.

Treasury 41

Treasury Cash Management Accounts Payable Banking 41

PYMNTS

JUNE 23, 2020

Large companies may receive thousands of monthly invoices that must be processed quickly and economically, and firms of all sizes need to track payment obligations and issue funds. Banks can also build deeper loyalty with their customers by catering to business clients’ interest in automating accounts payable. billion in 2019 to $3.1

Accounts Payable 85

Accounts Payable Invoicing Treasury SAP 85

PYMNTS

NOVEMBER 10, 2020

They can confront problems ranging from incorrect invoices and inadequate cash reserves to late payments from customers or to vendors — all of which require time and money to solve. Money in the bank generates little earnings for companies, especially if it could instead be used to fund new investments or technologies that drive revenues.

Invoicing 87

Invoicing Accounts Payable Treasury Sales 87

PYMNTS

OCTOBER 19, 2020

Economic challenges brought on by the COVID crisis have heightened the need for businesses to manage supply chains more efficiently, and in many cases that means turning to banks for the help they need. Banks can provide alternative, low-cost and less document-intensive forms of financing, like supply chain financing,” Gupta said.

Finance 60

Finance Banking Accounts Payable Invoicing 60

Strategic Treasurer

NOVEMBER 2, 2022

Principles and Options for Bank Fee Management. Managing bank fees through active monitoring of your analysis statements is typically on the to-do list, but it rarely gets checked off as complete. The post Webinar: Principles and Options for Bank Fee Management | November 17 appeared first on Strategic Treasurer.

Banking 52

Banking Benchmarking Invoicing Treasury 52

PYMNTS

OCTOBER 21, 2019

Bank of America is rolling out a new solution for professionals in accounts payable departments to automatically choose which payment method to pay their suppliers. The solution supports commercial card, wire, and ACH payment rails, or can also initiate supply chain financing for invoice payments.

Accounts Payable 40

Accounts Payable Banking Treasury B2B 40

PYMNTS

SEPTEMBER 28, 2020

21 percent of business leaders say payment authorization and authentication are requirements when choosing a treasury management platform , a report by Citizens Commercial Banking found. Within weeks, [he] started abusing that authority by submitting and approving false invoices from a fake business called TNC US Inc.

Accounts Payable 96

Accounts Payable Invoicing Treasury B2B 96

PYMNTS

JANUARY 8, 2021

Even so, there’s still plenty of work to be done to raise awareness about how sending or receiving RTP transactions can improve the banking client experience. With a full pipeline of onboarding projects, Whisler expects business in the first half of the year to quickly expand and then snowball from there. Limits And Fees.

Cash Flow Forecasting 139

Cash Flow Forecasting Banking Education Reconciliations 139